There were 2,168 new registrations of private limited companies in October 2016. New registrations increased by 18% over the last 12 months, from November 2015 to October 2016, compared to the prior 12 months. There were 2,679 new registrations during the period, compared with 2,263 in the previous 12 months. The greatest proportional increase in new registrations was in Administrative and support service activities, from 162 to 262, or a 62% increase from the previous 12 months. Also of note is an increase from 42 to 62 in Transportation and storage (48%), and an increase from 266 to 361 in Construction (36%). There was a 5% decrease in new registrations during the period in Wholesale and retail trade; repair of motor vehicles and motorcycles (from 284 to 269).
There were 98 corporate insolvencies registered in October 2016. Corporate insolvencies increased by 41% over the last 12 months, from November 2015 to October 2016, compared to the prior 12 months. There were 940 corporate insolvencies during the period, compared with 666 in the previous 12 months. The greatest proportional increase in insolvencies during the period was from 39 to 79 in Financial and insurance activities (103%); in Information and communication, from 31 to 58 (87%); in Wholesale and retail trade; repair of motor vehicles and motorcycles, from 109 to 195 (79%); and in Professional, scientific and technical activities, from 54 to 88 (63%). The number of insolvencies was close to staying the same for Accommodation and food service activities, where it went from 55 to 54 (2% decrease), and in Agriculture, forestry and fishing (26 insolvencies during each period).
New registration and insolvencies | ||||||
October | November–October | |||||
2016 | 2015 | % | 2015–2016 | 2014–2015 | % | |
New registration | ||||||
Total | 168 | 178 | -6 | 2,679 | 2,263 | 18 |
A Agriculture, forestry and fishing | 7 | 4 | 75 | 98 | 83 | 18 |
C Manufacturing | 3 | 5 | -40 | 100 | 93 | 8 |
F Construction | 22 | 14 | 57 | 361 | 266 | 36 |
G Wholesale and retail trade; repair of motor vehicles and motorcycles | 19 | 22 | -14 | 269 | 284 | -5 |
H Transportation and storage | 3 | 6 | -50 | 62 | 42 | 48 |
I Accommodation and food service activities | 14 | 14 | 0 | 174 | 161 | 8 |
J Information and communication | 12 | 6 | 100 | 197 | 165 | 19 |
K Financial and insurance activities | 27 | 38 | -29 | 373 | 336 | 11 |
L Real estate activities | 20 | 31 | -35 | 402 | 330 | 22 |
M Professional, scientific and technical activities | 13 | 16 | -19 | 236 | 212 | 11 |
N Administrative and support service activities | 20 | 7 | 186 | 262 | 162 | 62 |
Other activities | 8 | 15 | -47 | 145 | 129 | 12 |
Insolvencies | ||||||
Total | 98 | 39 | 151 | 940 | 666 | 41 |
A Agriculture, forestry and fishing | 5 | 3 | 67 | 26 | 26 | 0 |
C Manufacturing | 8 | 4 | 100 | 54 | 45 | 20 |
F Construction | 19 | 6 | 217 | 168 | 130 | 29 |
G Wholesale and retail trade; repair of motor vehicles and motorcycles | 10 | 5 | 100 | 195 | 109 | 79 |
H Transportation and storage | 0 | 1 | -100 | 22 | 20 | 10 |
I Accommodation and food service activities | 5 | 3 | 67 | 54 | 55 | -2 |
J Information and communication | 3 | 1 | 200 | 58 | 31 | 87 |
K Financial and insurance activities | 10 | 2 | 400 | 79 | 39 | 103 |
L Real estate activities | 15 | 3 | 400 | 89 | 87 | 2 |
M Professional, scientific and technical activities | 8 | 4 | 100 | 88 | 54 | 63 |
N Adminstrative and support service activities | 10 | 3 | 233 | 51 | 33 | 55 |
Other activities | 5 | 4 | 25 | 56 | 37 | 51 |
Statistics:
New registration
Insolvencies